The chain which currently has 21 stores in the UK and three branches across the South West including Torquay, Barnstaple and Truro, will remain open for the time being while assessments are carried out.

The footwear specialist has reportedly brought in PricewaterhouseCoopers (PwC) to try to find a buyer.

Ross Connock and Zelf Hussain of PwC were appointed as joint administrators of tReds LLP on Thursday, January 31.